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China cuts rates, rolls out other moves to help the slowing economy

China cuts rates, rolls out other moves to help the slowing economy

China rolled out a raft of measures Tuesday aimed at countering a prolonged downturn in its property market that is weighing on the worlds second largest economy.
Brookfield sells Saeta renewable power business to Masdar for US$1.4B

Brookfield sells Saeta renewable power business to Masdar for US$1.4B

TORONTO Brookfield Renewable and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to the UAE's Masdar in a deal valued at US$1.4 billion.
Iran believes all remaining workers have died in coal mine explosion, raising death toll to 49

Iran believes all remaining workers have died in coal mine explosion, raising death toll to 49

TEHRAN, Iran (AP) Iran said Tuesday it believes the remaining workers trapped by an explosion at a coal mine in the country's east have died, bringing the death toll in one of its worst industrial disasters to at least 49.
CDPQ buys stake in U.K. power company from Brookfield Asset Management

CDPQ buys stake in U.K. power company from Brookfield Asset Management

MONTREAL The Caisse de d矇p繫t et placement du Qu矇bec has signed a deal with Brookfield Asset Management and its institutional partners to buy their 25 per cent stake in British power company First Hydro Co.
Iran believes all remaining workers have died in coal mine explosion, raising death toll to 49

Iran believes all remaining workers have died in coal mine explosion, raising death toll to 49

TEHRAN, Iran (AP) Iran said Tuesday it believes the remaining workers trapped by an explosion at a coal mine in the country's east have died, bringing the death toll in the disaster to at least 49.
Sweden says Iran was behind thousands of text messages calling for revenge over Quran burnings

Sweden says Iran was behind thousands of text messages calling for revenge over Quran burnings

Officials in Stockholm claimed that Irans paramilitary Revolutionary Guard carried out a data breach" and managed to send some 15,000 text messages in Swedish over the string of public burnings of the Quran.
Boost in home renos is helping drive up housing values in major markets: report

Boost in home renos is helping drive up housing values in major markets: report

TORONTO A new report says a boost in spending on home renovations during the pandemic has helped contribute to higher prices for single-family homes despite downward market pressure.
Iran sent thousands of SMS to Swedes calling for revenge over 2023 Quran burnings, Sweden says

Iran sent thousands of SMS to Swedes calling for revenge over 2023 Quran burnings, Sweden says

COPENHAGEN, Denmark (AP) Sweden says that Iran was behind thousands of text messages that were sent to people in the Scandinavian country calling for revenge over the burnings of Quran, Islam's holy book in 2023.
Cineplex ordered to pay $38.9M by Competition Tribunal in ticket fee case

Cineplex ordered to pay $38.9M by Competition Tribunal in ticket fee case

TORONTO Cineplex Inc. says it will appeal a record $38.9 million fine for deceptive marketing practices imposed by the Competition Tribunal.
Struggling Jeep and Ram maker Stellantis is searching for a new CEO

Struggling Jeep and Ram maker Stellantis is searching for a new CEO

DETROIT (AP) Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just part of a normal leadership succession plan. Tavares has been under fire from U.S.